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Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Income:        
Rental $ 114,444 $ 118,206 $ 339,133 $ 388,507
Interest and other 5,541 819 23,309 1,817
Total Income 119,985 119,025 362,442 390,324
Expenses:        
Property operations 111,947 129,059 403,661 383,222
Administrative:        
Affiliates 9,786 22,271 31,524 67,648
Other 26,265 10,707 61,275 29,143
Depreciation expenses 6,830 7,222 21,886 21,022
Total Expenses 154,828 169,259 518,346 501,035
Loss before equity in earnings of unconsolidated joint ventures (34,843) (50,233) (155,904) (110,711)
Equity in earnings of unconsolidated joint ventures 10,525 10,497 43,656 52,189
Net loss $ (24,318) $ (39,737) $ (112,248) $ (58,522)
Net loss per limited partnership unit $ (2.36) $ (3.85) $ (10.89) $ (5.68)
Weighted average number of limited partnership units outstanding 10,000 10,000 10,000 10,000